Medical Devices Market in India 2014 Trends and Analysis in Study Available at MarketReportsOnline.com

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MarketReportsOnline.com adds "Medical Devices Market in India 2014" report to its research store.

Market Reports Online

Dallas, Texas (PRWEB)July 19, 2014

This latest market research report titled Medical Devices Market in India 2014 captures the technologically driven aspect currently prevailing within the Indian healthcare sector. The booming Indian economy is also witnessing a tremendous surge in the domestic healthcare scenario which, in turn, is leading to perpetual demand for high quality medical products. The demand for high-end, quality devices is especially driven by the private healthcare sector in its efforts to provide sophisticated treatment to patients. However, India lags behind in manufacture of technologically advanced high-end medical equipment, and instead has to rely upon imports from multinationals with extensive service networks. On the other hand, the market for less cost intensive medical supplies and disposable equipment is dominated by domestic manufacturers.

Due to the industry's dependence on imports, multinationals are showing interest in relocation of manufacturing facilities to India as well as in forging alliances with healthcare sector stakeholders in order to capture greater market share. This brings into focus a key role played by the government that involves taxation and import regulations. The government also takes up several initiatives for the benefit of the market.

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MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the medical devices market, MarketReportsOnline.com offers research studies on agriculture, consumer goods, retail, environment, biotechnology, agriculture, chemicals, it & telecommunication, food and beverages, semiconductor and electronics, advanced materials, healthcare and much more.